Search

How Ghana’s GoldBod turned a $487mn surplus into a blueprint for reclaiming Africa’s gold wealth

GoldBod CEO Sammy Gyamfi (far right) and others inspect the first batch of locally refined gold at the Gold Coast Refinery. Photo by GoldBod
GoldBod CEO Sammy Gyamfi (far right) and others inspect the first batch of locally refined gold at the Gold Coast Refinery. Photo by GoldBod
  • Record surplus signals structural shift
  • ASM formalisation boosts state revenue

 

ACCRA, GHANA – Ghana’s Gold Board (GoldBod) has posted a record 2025 surplus, signalling a fundamental shift in how Africa’s top gold producer captures value from its mineral wealth.

The institution reported total revenue of GHS5.55bn (approximately US$495.9mn) and an overall surplus of GHS5.45bn (approximately US$487mn), a dramatic rise from the GHS185.34mn (approximately US$11.96mn) surplus recorded in 2024.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Tigray renewed conflict. Photo/Tigray War - Wikipedia
Is Ethiopia's fragile Tigray peace finally collapsing again?
Read More »
A Ghanaian farmer spreads cocoa beans to dry under the sun. Photo by Zeal Creative Studios @ Pexels
20-year jail terms: Will Ghana protect cocoa or criminalise farmers?
Read More »
Chief Executive of Dangote Industries Limited, Aliko Dangote. Photo: Dangote Industries LinkedIn/Water Forward Event
How Dangote's $11.6bn pledge reshapes Africa's billionaire succession model
Read More »

Latest Posts

Latest news insights